Dairy Farm Walk residential site launched for sale
A home spot at Dairy Farm Walk has actually been introduced up for sale through public offer, announced the URA on Thurs 21 October.
By having a land area of Fifteen thousand Six hundred Sixty Three square m, the location has a peak gross level area of Thirty Two thousand Eight hundred Ninety Three sq meter including is presumed to supply approximately Three hundred Eighty Five housing units.
The Ninety Nine year leasehold spot occurs under the Verified List of the 2nd half 2K21 Govt Land Sales prog.
It features an optimum structure height of Eighty Five metre SHD within the medium-rise region as well as 69 metre SHD around the low-rise zone.
That means north-facing units on high storeys would experience open views of the Chestnut Ave Good Class Bungalow region, while oriented south units on higher storeys would be watching greenery, shared Huttons Asia.
It assumes the plot to captivate keen attraction, granted the encouraging feeling out there, real estate investors ambition at replenishing land institution, limited brand-new stockpile around the area and also many other good locational features.
“It might probably draw in around eight prospective buyers and even a highest bid of between $Nine hundred and $1thousand psf per plot ratio,” reported Huttons.
The spot is situated within a quiet territory close to nature, about 10 minutes’ walk to Hillview MRT terminal. It is also easily accessible by significant roads also expressways like Upp Bt Timah Road, BKE plus Pan Island Expressway.
Surrounding institutions consist of GESS and CHIJ OLQP.
The tender in order to get the plot ends on 8March2022. Its tender wrapping up are going to be pack with the HDB Executive Condo spot at Bukit Batok West Avenue Eight, set for commence on Dec2K21 within the Verified Selection of Second Part ’21 GLS Program.
